BlockchAIn Announces Closing of $55 Million Public Offering of Common Stock

BlockchAIn Digital Infrastructure, Inc. (NYSE American: AIB) completed an underwritten public offering of 33.3 million shares at $1.65 per share, raising approximately $55 million in gross proceeds. The company plans to use the funds for working capital, capital expenditures, and general corporate purposes to support its AI and high-performance computing infrastructure business.